TRIPLE POINT VCT 2011 PLC — Net Asset Value 2022

Jul 14, 2022

National Storage Mechanism | Additional information

RNS Number : 5570S

Triple Point VCT 2011 PLC

14 July 2022

14 July 2022

Triple Point VCT 2011 plc

(the "Company")

A and B Share Class Net Asset Values

The Company

The Company's funds at 31 May 2022 were invested in a portfolio of VCT qualifying and non-qualifying unquoted investments.

A Share Class

·      The Net Asset Value at 31 May 2022 was 13.26p per share.

·      During the 3-month period to 31 May 2022 the A Share Class made a small profit of 0.0071p per share.

·      Total dividends paid to date to A Shareholders is 106.50 pence per share.

·      At 31 May 2022 Net Asset Value plus dividends paid ("Total Shareholder Return") was 119.76p per share.

·    At 31 May 2022, 100% of the A Shares unquoted investment portfolio was in the Hydroelectric Power sector.

B Share Class

·      The Net Asset Value at 31 May 2022 was 47.58p per share.

·      During the 3-month period to 31 May 2022 the B Share Class made a small loss of 0.12p per share.

·      Total dividends paid to date to B Shareholders is 20.00 pence per share.

·      At 31 May 2022, 100% of the B Shares unquoted investment portfolio was in the Gas Power sector.

Net Assets at 31 May 2022:

	A Shares	B Shares
	£'000	£'000
VCT qualifying unquoted investments	533	2,969
VCT non-qualifying unquoted investments	-	-
Cash and cash equivalents	631	378
Total Investments	1,164	3,347
Other assets & liabilities	129	(126)
Net assets	1,293	3,221
Net asset value per share (pence)	13.26	47.58

Net Assets at 28 February 2022:

	A Shares	B Shares
	£'000	£'000
VCT qualifying unquoted investments	533	2,969
VCT non-qualifying unquoted investments	233	1,096
Cash and cash equivalents	433	(31)
Total Investments	1,199	4,034
Other assets & liabilities	92	(131)
Net assets	1,291	3,903
Net asset value per share (pence)	13.25	57.69

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

Triple Point Investment Management LLP   (Investment Manager)	Tel: 020 7201 8989
Belinda Thomas   Ian McLennan   Seb Wallace

The Company's LEI is 213800AOOAQA5XQDEA89

Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/.

NOTES:

The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NAVBUGDRUUBDGDS